accord_fs_2020_JD_FINAL | Page 73

Financial Statements 2020 | 71
30 . Notes to the Cash Flow Statement
30a . Reconciliation of operating surplus to net cash inflow from operating activities 2020 2019 £ 000 £ 000
Surplus for the year 13,945 10,220
Adjustments for non-cash items : Depreciation of tangible fixed assets
9,413
9,534
Amortisation of intangible assets
2,135
2,006
( Increase )/ Decrease in trade debtors and other debtors
( 1,436 )
( 1,349 )
Increase /( Decrease ) in trade and other creditors
8,215
( 16,346 )
Increase /( Decrease ) in net pension liability
( 8,193 )
13,102
Increase /( Decrease ) in provision
( 217 )
8
Disposal of other fixed assets
8
55
Write off component disposals
224
231
Adjustments for investing or financing activities : Disposal of housing properties
( 5,140 )
( 454 )
Amortisation of finance costs
121
( 118 )
Government grants utilised in the year
( 2,670 )
( 2,593 )
Interest payable
17,360
17,245
Interest received
( 119 )
( 48 )
Net cash generated from operating activities
33,646
31,493
30b . Cash and Cash Equivalents
2020
2019
£ 000
£ 000
Cash and cash equivalents per statement of financial position
44,707
20,406
Bank Overdraft
( 230 )
( 1,424 )
Cash and cash equivalents
44,477
18,982